HCA to buy back $900 million senior notes with new notes proceeds

By Toni Weeks

San Diego, July 26 - HCA Holdings, Inc. said that its wholly owned subsidiary, HCA Inc., will use the proceeds of its planned offering of $1 billion senior notes to redeem and repurchase $900 million of its $1.578 billion of outstanding 9 5/8%/10 3/8% second-lien toggle notes due 2016 and to pay related fees and expenses.

Nashville-based HCA Holdings is a holding company whose affiliates own and operate hospitals and related health care entities in 20 states and England.

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